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'Trump Trade' turns to trepidation as investors unwind

Reuters  |  NEW YORK 

By Megan Davies and Jennifer AblanNEW YORK (Reuters) - Investors were shelving rosy hopes for U.S. tax reform and rethinking strategies premised on Donald Trump's economic growth promises on Wednesday, as the President faced his loudest criticism yet over possible collusion between his election campaign and Russia.From stocks to bonds to the U.S. dollar, a bevy of trades that have been fashionable since Trump's election last November, were getting dialled back or in some cases shredded as his reform agenda looked increasingly vulnerable amid the fallout from his firing last week of James ...

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First Published: Thu, May 18 2017. 03:08 IST
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